Civic Intelligence

Gateway Estates Inc

990EZ • Fiscal year 2022 • EIN 85-0436521

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 15, 2023

Organization Profilewww.hdhnm.org
PO Box 80009Albuquerque, NM 87198

(505) 452-1553

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

2.18x

Higher debt load relative to assets than 90% of similar nonprofits.

2022 filings • NTEE L • <$500k nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

9.51x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • NTEE L • <$500k nonprofits • Source year 2022

Net Margin

30th percentile

-30%

Higher net margin than 30% of similar nonprofits.

2022 filings • NTEE L20 • <$500k nonprofits • Source year 2022

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE L20 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets90th percentile

Assets

$228,352

No earlier filing loaded for comparison.

Net Assets

-$268,396

No earlier filing loaded for comparison.

Liabilities

$496,748

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin30th percentile

Revenue

$52,239

No earlier filing loaded for comparison.

Expenses

$68,144

No earlier filing loaded for comparison.

Net Income

-$15,905

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2022: $228,352Liabilities 2022: $496,748Net Assets 2022: -$268,3962022Assets 2023: $228,804Liabilities 2023: $513,746Net Assets 2023: -$284,9422023Assets 2024: $200,661Liabilities 2024: $509,956Net Assets 2024: -$309,2952024

Highlighted filing

2022

Assets$228,352
Liabilities$496,748
Net Assets-$268,396
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2022: $52,239Expenses 2022: $68,144Net Income 2022: -$15,9052022Revenue 2023: $48,660Expenses 2023: $65,205Net Income 2023: -$16,5452023Revenue 2024: $62,414Expenses 2024: $86,767Net Income 2024: -$24,3532024

Highlighted filing

2022

Revenue$52,239
Expenses$68,144
Net Income-$15,905
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 15, 2023
Return Version
2022v4.0
Gross Receipts
$52,239
Mission and Program Overview

Mission

Providing affordable housing for the low-income, disabled.

Program Services

DescriptionGrantsExpenses
To provide housing for low/moderate income persons who have, and can verify, a mental, physical, or developmental disability. The housing complex has 7 units.$0$68,144
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kara SummersPresident-$0--
Allen DrumDirector-$0--
Michelle DrumDirector-$0--
Filing and Contact Details

Filer

Filer Name
Gateway Estates Inc
EIN
85-0436521
Phone
5054521553
Address
PO Box 80009, Albuquerque, NM 87198

Signing Officer

Name
Kara Summers
Title
President
Phone
5054521553
Signed
2023-03-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^Tenant Security Deposits;1252|Tenant Accounts Receivable;673^Total;1925^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Short Term Accounts Payable;4978|Prepaid Rental Income;220|Tenant Security Deposits;1251|Mortgage Payable;490299^Total;496748^”

Raw XML Appendix170 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0High Desert Housing
IRS990EZ/BooksInCareOfDetail/PhoneNum05054521553
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 80009
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Albuquerque
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd087198
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt022803
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021964
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-15905
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt052239
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InvestmentIncomeAmt09
IRS990EZ/LandAndBuildingsGrp/BOYAmt0216095
IRS990EZ/LandAndBuildingsGrp/EOYAmt0204463
IRS990EZ/LobbyingActivitiesInd00
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IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-252491
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-268396
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-252491
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-268396
IRS990EZ/OccupancyRentUtltsAndMaintAmt056351
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kara Summers
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Allen Drum
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Michelle Drum
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02032
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01925
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Providing affordable housing for the low-income, disabled.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt052230
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide housing for low/moderate income persons who have, and can verify, a mental, physical, or developmental disability. The housing complex has 7 units.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt068144
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt011793
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0493421
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0496748
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt068144
IRS990EZ/TotalProgramServiceExpensesAmt068144
IRS990EZ/TotalRevenueAmt052239
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.hdhnm.org
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt042
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt052230
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt046638
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt051578
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt046972
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt032223
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0229641
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt042
IRS990ScheduleA/InvestmentIncomeCYPct00.00018
IRS990ScheduleA/InvestmentIncomePYPct00.0001
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99982
IRS990ScheduleA/PublicSupportPY509Pct00.9998
IRS990ScheduleA/PublicSupportTotal509Amt0229641
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt052230
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt046638
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt051578
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt046972
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt032223
IRS990ScheduleA/Total509Grp/TotalAmt0229641
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt052239
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt046647
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt051589
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt046978
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt032230
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0229683
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;EOY Amount^Tenant Security Deposits;1252|Tenant Accounts Receivable;673^Total;1925^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^Short Term Accounts Payable;4978|Prepaid Rental Income;220|Tenant Security Deposits;1251|Mortgage Payable;490299^Total;496748^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/ProfilePasswordChangeInd0X
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kara Summers
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05054521553
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GATEWAY ESTATES INC
ReturnHeader/Filer/BusinessNameControlTxt0GATE
ReturnHeader/Filer/EIN0850436521
ReturnHeader/Filer/PhoneNum05054521553
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 80009
ReturnHeader/Filer/USAddress/CityNm0Albuquerque
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087198
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-03-15T14:34:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$228,352
Liabilities
$496,748
Net assets
-$268,396
Revenue
$52,239
Expenses
$68,144
Net income
-$15,905
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.01$5.10$3.09$0.62$0.87$0.24
2023Detailed filing. Detailed filing data is available for this year.$2.29$5.14$2.85$0.49$0.65$0.17
2022Detailed filing. Detailed filing data is available for this year.$2.28$4.97$2.68$0.52$0.68$0.16